Wall Street and DeFi: A New Frontier🔻
Traditional finance (TradFi) is a giant with a capitalization of over $30 trillion, finally starting to embrace crypto. But the real breakthrough is in the integration with DeFi. Today, DeFi is only $150 billion, but this is just the beginning.
⚡️The biggest players are already in the game:
- BlackRock manages $87 billion in Bitcoin ETF and is actively implementing DeFi tools.
- JP Morgan is testing on-chain FX and tokenized bonds.
- Fidelity is expanding digital assets and exploring DeFi products for institutions.
- Goldman Sachs and BNY Mellon are piloting money on the blockchain.
DeFi is already replicating banking functions on the blockchain: lending, insurance, trading, and asset management. Now ahead is scaling with the help of TradFi through regulation and user-friendly interfaces.
The future lies in collaboration: TradFi brings scale and trust, DeFi brings innovation and transparency. Together, they will change the financial world!
It's time to build bridges between the old and the new⭐️
